<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): March 1, 1995
SAHARA GAMING CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Nevada 1-9481 88-0304348
(STATE OR OTHER (COMMISSION FILE (I.R.S. EMPLOYER
JURISDICTION OF NUMBER) IDENTIFICATION NO.)
INCORPORATION)
2535 Las Vegas Blvd. South, Las Vegas, Nevada 89109
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (702) 737-2111
None
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
Page 1 of 5 Pages
Exhibit Index at Page 4
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ITEM 5. OTHER EVENTS.
A copy of Sahara Gaming Corporation's press release dated March 1,
1995 relating to the departure of its chief operating officer is filed as an
Exhibit to this Current Report on Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibits
--------
99.1 March 1, 1995 Press Release.
2
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
SAHARA GAMING CORPORATION, a Nevada
corporation
By: /s/ Thomas K. Land
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Name: Thomas K. Land
Title: Senior Vice President
March 1, 1995
3
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EXHIBIT INDEX
Sequentially
Numbered
Exhibit No. Description Page
- ----------- ----------- ------------
99.1 March 1, 1995 Press Release 5
4
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Exhibit 99.1
FOR IMMEDIATE RELEASE: Wednesday, March 1, 1995
CONTACT: Thomas K. Land Richard Bernot
Chief Financial Officer or Madeleine Franco
Sahara Gaming Corporation Jordan Richard Assoc.
702-737-2750 801-595-8611
SAHARA GAMING ANNOUNCES MANAGEMENT CHANGES
LAS VEGAS, NEV.--Sahara Gaming Corporation (AMEX:SGM), announced today the
resignation, effective March 10, 1995, of Stephen J. Szapor, Jr., executive vice
president, chief operating officer, and member of the company's board of
directors. Szapor, who joined Sahara in 1993, has accepted a senior executive
position with Hemmeter Enterprises, Inc. (Denver).
Pending board approval, Tim Maland, who has been general manager of the Santa Fe
Hotel and Casino since October 1994, has been promoted to chief operating
officer of Sahara, succeeding Szapor. Maland held numerous executive positions
before joining Sahara, including director of finance for ITT-Sheraton's gaming
division; executive vice president of Trump Plaza Hotel and Casino, and senior
vice president/controller of Ramada, Inc. Hotel Group.
"I am confident that Tim Maland will make positive contributions to the
company's future," said Paul W. Lowden, chairman of the board and chief
executive officer of Sahara Gaming. "I am truly excited about Sahara's
potential, and especially look forward to working with Tom Land [the company's
chief financial officer] and other members of our management team to continue
the momentum we have worked hard to establish," said Maland.
The company also announced today that L. Keith Ashworth has been named to the
company's board of directors, filling the seat formerly occupied by John K.
Campbell, who is retiring. Ashworth, a professional accountant, was formerly
associated with the Del Webb Hotel Group, as vice president of community and
government relations and vice president, property development. He also served as
vice president and comptroller of the Mint Hotel and Casino and treasurer and
chief financial officer of the Sahara-Nevada Corporation. He is active in a
number of professional and community organizations, including the board of
directors of the Las Vegas Chamber of Commerce, of which he is past vice
president and treasurer.
"Keith has a variety of talents and uncommon business acumen," said Lowden. "His
many years of experience, as a business owner, and within the corporate and
legislative environments, are a valuable addition to Sahara's board," he added.
Sahara Gaming Corporation owns and operates a portfolio of diversified gaming
properties in Nevada.
